Nvidia raised $25 billion（約4兆円） in bonds — exceeding its initial $20 billion（約3.2兆円） target — as investors remain confident in the chipmaker's position in the AI boom.

What happened: Nvidia returned to the bond market for the first time in five years, raising $25 billion（約4兆円） instead of the originally planned $20 billion（約3.2兆円）. Orders reached about $85 billion（約14兆円）, and the offering included seven tranches with maturities stretching as far as 2056. The company said it plans to use the proceeds for general corporate purposes, including repaying and refinancing outstanding notes.

Why it matters: The oversized demand signals that bond investors remain comfortable lending to Nvidia, one of the biggest winners of the AI boom. While Nvidia already generates strong cash flow, extra liquidity provides flexibility as demand for its chips stays high and AI spending continues across cloud providers and large technology companies.

What to watch: The bond sale shows sustained investor appetite for Nvidia debt despite the company's already-strong financial position. This liquidity cushion may help Nvidia navigate rapid growth in the AI market.